FG Not Planning To Increase Fuel Price

FG Not Planning To Increase Fuel Price

The Minister of Information, Lai Mohammed has debunked the rumour that the pump price of Premium Motor Spirit (PMS) otherwise known as petrol would be increased.

This statement came following the return of queues to filling stations across the country. The queues have continued the grow since it first appeared on Monday.

FG’s assurance

The minister gave this assurance while addressing state house correspondents at the end of the Federal Executive Council, FEC, which was presided over by Vice President Yemi Osinbajo.

He said that the Minister of Petroleum (State), Ibe Kachikwu, would have been at the briefing but had to go for an urgent meeting in order to resolve the petroleum scarcity in the country.

“Government has no intention at all to increase the pump price of PMS; the minister has assured the council that there is enough products for the next one month even till the end of January,” Mohammed stated.

According to him, there is usually more demand for petrol product during the yuletide which explains the scarcity of the product during the period.

What FG is doing

Mohammed said that the council had given a marching order to the Petroleum Minister (State) that the fuel crisis in the country should not last beyond the weekend.

He said that the minister had given assurance to ensure that the problem was contained.



Author: Janet Johnson

Janet Johnson is a writer who is passionate about helping people and giving solutions to peoples’ needs and problems.
She is an adventurer who would love to see the world one day and probably be an ambassador.